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Income Tax | TOLA Extension Cannot Revive Expired Section 271D Penalty Limitation: ITAT Hyderabad

16 Oct 2026 · 1d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT Hyderabad quashes ₹61.50 lakh penalty under Section 271D as time-barred, holding that TOLA notification did not extend the deadline. The post TOLA Extension Cannot Revive Expired Section 271D Penalty Limitation: ITAT Hyderabad appeared first on TaxGuru .

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Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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